Best Investments for Your Home

Updated

Interest rates are up, the real estate boom has petered out, and so, it appears, has the remodeling frenzy.
In 2001, U.S. home owners spent $104.6 billion on remodeling projects, estimates Harvard's Joint Center for Housing Studies. By the end of 2005, spending had risen to $149.5 billion--an increase of 43% over four years.
"It was the stars aligning," says Kermit Baker, director of the remodeling futures program at JCHS. "Financing

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